New World Department Store China
New World Department Store China Limited, commonly referred to as NWDS, is a prominent player in the retail industry, headquartered in Hong Kong. Established in 1984, the company has expanded its operations across major regions in China, offering a diverse range of products and services that cater to the evolving needs of consumers. Specialising in department store retailing, NWDS provides a unique shopping experience through its extensive selection of fashion, beauty, home goods, and lifestyle products. The company is recognised for its commitment to quality and customer service, positioning itself as a leader in the competitive retail landscape. With a focus on innovation and sustainability, NWDS continues to achieve notable milestones, solidifying its reputation as a trusted destination for shoppers in China.
DitchCarbon Score
How does New World Department Store China's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
New World Department Store China's score of 36 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
New World Department Store China's reported carbon emissions
In 2023, New World Department Store China reported total carbon emissions of approximately 60,861,000 kg CO2e, comprising 2,671,000 kg CO2e from Scope 1 and 58,190,000 kg CO2e from Scope 2. Additionally, the company disclosed significant Scope 3 emissions, including 418,746,000 kg CO2e from capital goods and 133,153,000 kg CO2e from the use of sold products. Over the years, New World Department Store has shown a trend of decreasing emissions, with total emissions dropping from about 111,850,000 kg CO2e in 2019 to approximately 60,861,000 kg CO2e in 2023. This represents a significant reduction in their Scope 1 and 2 emissions, which decreased from 111,850,000 kg CO2e in 2019 to 60,861,000 kg CO2e in 2023. Despite these reductions, New World Department Store has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate strategy. The company continues to operate within the retail sector, which is increasingly scrutinised for its environmental impact, particularly regarding carbon emissions.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 5,142,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 106,708,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
New World Department Store China is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
